Head of Finance: Business & Personal Banking

Bidvest Bank Limited; Sandton; On-site; ZAR 1,200,000 - 1,600,000; Full time

Job summary

A prominent financial institution in Sandton seeks a Head of Finance to drive strategic financial performance and manage financial operations across business units. The successful candidate will have over 10 years of banking experience, strong financial acumen, and proven leadership in a divisional head role. This office-bound position values diverse leadership and offers opportunities for professional growth.

Qualifications

• 10+ years in a financial position within banking.
• Experience partnering with business units.
• 5+ years in Personal, Business Banking and Card.

Responsibilities

• Oversee the process for business case within customer solutions.
• Support and manage strategic planning on all businesses.
• Ensure all mandatory reporting is done accurately.

Skills

Financial acumen

Leadership skills

Attention to detail

Communication skills

Education

ACMA / CA (SA) with Masters qualification

Job description

Overview

We’re looking for a dynamic Head of Finance to drive strategic financial performance, enable growth, and deliver value across our banking portfolios. This is a pivotal role for a purpose-driven leader who combines deep financial expertise with commercial acumen. You will be accountable for partnering with the Business and Personal Banking division, responsible for finance strategy, business performance, financial planning and analysis. Includes the development of a financial and operational strategy as well as business cases on new initiatives. The role manages staff members with both nationally and regional reporting. The role is part of the senior management team. Setting the strategy together with the executive member for Business and Personal banking is key to this role.

Key responsibilities

• Oversee the process for business case within customer solution for new initiatives.
• Oversee pricing models within customer solution in order to support strategic pricing decisions.
• Support new initiatives within customer solution.
• Support and manage strategic planning on all businesses within customer solution.
• Ensure all mandatory reporting for customer solution is done accurately and timeously.
• Participate in key decisions as a member of the executive management team within customer solution.
• Manage any third parties to which functions have been outsourced.
• Maintain in-depth relations with all members of the management team.
• Oversee financial planning for all business units in customer solution, working closely with internal and external stakeholders.
• Support any bank executive discussions on performance of business units.
• Deliver credible and effective stakeholder relationships and create partnerships with business owners.
• Oversee financial operations and participate in key financial operational decisions of the bank.

Operational Excellence

• Oversee that all models are updated and maintained by team members.
• Oversee pricing discussions and ensure that suffusion models are used by team members.
• Oversee that business performance information is relevant and used to drive performance within the business.
• Use information to drive performance within the customer solution.
• Oversee financial planning and analysis processes within the customer solution.
• Oversee that financial operations are conducted correctly to minimize risk and manage end-to-end finance for the customer solution, including direct and indirect reports.

Learning and Growth

• Ensure multi-skilling takes place within the team and employees receive exposure in all areas of the function based on skill set and capabilities.
• Arrange training and development opportunities aligned with identified development areas and encourage ownership of professional development.
• Coaching and mentoring of subordinates.

Qualifications

• ACMA / CA (SA) with Masters qualification.

Experience

• 10+ years in a financial position within banking.
• Experience partnering with business units – divisional head.
• 5+ years in Personal, Business Banking and Card.
• At least 5 years of management experience.
• Experience as a divisional head or divisional CFO.

Knowledge, Skills and Abilities

• Knowledge of the complexities involved in financial management within payment systems.
• Expert knowledge of accounting principles and internal policies and procedures.
• Ability to operate effectively under pressure.
• Financial acumen and strong management/leadership skills.
• Attention to detail and excellent communication skills.

Work Conditions

Office bound.

This position is advertised in line with our commitment to Employment Equity plans.